FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
Platinumone Business Services IPO is a fixed price issue of Rs 3.89 crores. The issue is entirely a fresh issue of 4.22 lakh shares.
Platinumone Business Services IPO bidding started from September 2, 2021 and ended on September 7, 2021. The allotment for Platinumone Business Services IPO was finalized on Monday, September 13, 2021. The shares got listed on BSE SME on September 16, 2021.
Platinumone Business Services IPO price is ₹92 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹110,400.
Gretex Corporate Services Limited is the book running lead manager of the Platinumone Business Services IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to Platinumone Business Services IPO RHP for detailed information.
IPO Date | September 2, 2021 to September 7, 2021 |
Listing Date | September 16, 2021 |
Face Value | ₹10 per share |
Price | ₹92 per share |
Lot Size | 1200 Shares |
Total Issue Size | 422,400 shares (aggregating up to ₹3.89 Cr) |
Fresh Issue | 422,400 shares (aggregating up to ₹3.89 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Share holding pre issue | 1,160,000 |
Share holding post issue | 1,582,400 |
Market Maker portion | 21,600 shares |
Platinumone Business Services IPO offers 422,400 shares. 200,400 (47.44%) to NII, 200,400 (47.44%) to RII.
Investor Category | Shares Offered |
---|---|
Anchor Investor Shares Offered | - |
Market Maker Shares Offered | 21,600 (5.11%) |
Other Shares Offered | 200,400 (47.44%) |
Retail Shares Offered | 200,400 (47.44%) |
Total Shares Offered | 422,400 (100%) |
Platinumone Business Services IPO opens on September 2, 2021, and closes on September 7, 2021.
IPO Open Date | Thursday, September 2, 2021 |
IPO Close Date | Tuesday, September 7, 2021 |
Basis of Allotment | Monday, September 13, 2021 |
Initiation of Refunds | Tuesday, September 14, 2021 |
Credit of Shares to Demat | Wednesday, September 15, 2021 |
Listing Date | Thursday, September 16, 2021 |
Cut-off time for UPI mandate confirmation | 5 PM on September 7, 2021 |
Investors can bid for a minimum of 1200 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1200 | ₹110,400 |
Retail (Max) | 1 | 1200 | ₹110,400 |
Lot Size Calculator |
Platinum Power Wealth Advisors Private Limited, Mr. Amey Narendra Saxena, Mr. Ratul Lahiri, and Mr. Vivek Yogendra Kumar are the company promoters.
Share Holding Pre Issue | 100% |
Share Holding Post Issue | 73.31% |
PlatinumOne Business Services Limited provides customer acquisition-specific Business Process Management Services (BPMS) services to mid-size and large corporates. The company offers its services in several industries including FMCG, Real Estate, Furniture, Insurance, Consumer Durables, etc. Process offerings include Lead Conversion, Customer Care, Channel Management, Lead Generation and Loyalty Program which are delivered through their Call Centres.
The company has a registered office in Maharashtra and has branches in Delhi & Kolkata as well. Clients include the likes of Godrej Properties, Godrej Interio, Edelweiss Tokio Life, Tally, Lodha Group, Hafele, Reliance Nippon, Capital foods.
Competitive strengths
Particulars | For the year/period ended (₹ in Lakhs) | ||||
---|---|---|---|---|---|
31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |||
Total Assets | 1,399.13 | 1,409.06 | 1,154.90 | ||
Total Revenue | 2,020.80 | 2,618.00 | 1,839.24 | ||
Profit After Tax | 107.55 | 204.32 | 175.66 |
The net proceed from the IPO will be utilized towards the following purposes;
[Dilip Davda] Though the issue appears lucratively priced based on super earnings, its small equity base post IPO indicates a longer duration for migration to the main board. The company operates in a highly competitive segment with many players. The sustainability of its superb performance raises concerns. Risk seeker/cash surplus investors may consider investment for the long term, others can ignore it. Read detail review...
The Platinumone Business Services IPO is subscribed 2.99 times on September 7, 2021 5:54:00 AM. The public issue subscribed 2.65 times in the retail category, times in the QIB category, and 3.34 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|---|
Other | 3.34 |
Retail | 2.65 |
Total | 2.99 |
Listing Date | September 16, 2021 |
BSE Script Code | 543352 |
NSE Symbol | |
ISIN | INE0DTJ01015 |
Final Issue Price | ₹92 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE SME |
---|
₹92.00 |
₹99.95 |
₹99.95 |
₹104.90 |
₹104.90 |
Platinumone Business Services Limited
Unit No. 0907 & 0908, Lodha Supremus II
Plot No. F-4 & F-4/1, Rd No.22
Wagle Estate, Thane - 400604
Phone: +91 – 9152018640
Email: info@platinumone.co.in
Website: http://www.platinumone.in/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
SME Company Owners
We could help you get listed on the stock market.
Check our SME IPO Guide
Platinumone Business Services IPO is a SME IPO of 422,400 equity shares of the face value of ₹10 aggregating up to ₹3.89 Crores. The issue is priced at ₹92 per share. The minimum order quantity is 1200 Shares.
The IPO opens on September 2, 2021, and closes on September 7, 2021.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Platinumone Business Services IPO using UPI as a payment gateway. Zerodha customers can apply in Platinumone Business Services IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Platinumone Business Services IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Platinumone Business Services IPO opens on September 2, 2021 and closes on September 7, 2021.
Platinumone Business Services IPO lot size is 1200 Shares, and the minimum amount required is ₹110,400.
You can apply in Platinumone Business Services IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Platinumone Business Services IPO will be done on Monday, September 13, 2021, and the allotted shares will be credited to your demat account by Wednesday, September 15, 2021. Check the Platinumone Business Services IPO allotment status.
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
IPO Guru (1800+ Posts, 10200+ Likes)